Cotton Council International
- Assets
- $7.5m
- Revenue
- $26.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Washington, DC
- Founding
- 04/1958
- Data as of
- 12/2023
- EIN
- 62-6046706
Organization Overview
Cotton Council International is located in Washington, DC. The organization was established in 1958. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Cotton Council International employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cotton Council International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Cotton Council International generated $26.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $26.2m during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPS AND PROMOTES THE MARKETING OF UNITED STATES COTTON IN VARIOUS FOREIGN COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKET ACCESS PROGRAM (MAP):CCI USES MARKET ACCESS PROGRAM (MAP) FUNDING FOR OVERSEAS MARKETING AND PROMOTIONAL ACTIVITIES THAT HELP BUILD COMMERCIAL EXPORT MARKETS FOR U.S. COTTON AND COTTON PRODUCTS. ACTIVITIES INCLUDE CONSUMER ADVERTISING, PUBLIC RELATIONS, POINT-OF-SALE DEMONSTRATIONS, PARTICIPATION IN TRADE FAIRS AND EXHIBITS, AND OTHERS.
AGRICULTURAL TRADE PROMOTION PROGRAM (ATP):CCI USES AGRICULTURAL TRADE PROMOTION PROGRAM (ATP) FUNDING FOR OVERSEAS MARKETING AND PROMOTIONAL ACTIVITIES THAT HELP BUILD COMMERCIAL EXPORT MARKETS FOR U.S. COTTON AND COTTON PRODUCTS. ACTIVITIES INCLUDE CONSUMER ADVERTISING, PUBLIC RELATIONS, POINT-OF-SALE DEMONSTRATIONS, PARTICIPATION IN TRADE FAIRS AND EXHIBITS, AND OTHERS.
FOREIGN MARKET DEVELOPMENT (FMD):CCI USES FOREIGN MARKET DEVELOPMENT (FMD) PROGRAM FUNDING TO CREATE, EXPANDAND MAINTAINLONG-TERM EXPORT MARKETS FOR U.S. COTTON. FMD-FUNDED PROJECTS GENERALLY ADDRESS LONG-TERM OPPORTUNITIES TO REDUCE FOREIGN IMPORT CONSTRAINTS OR EXPAND EXPORT GROWTH OPPORTUNITIES.
EMERGING MARKET PROGRAM (EMP):CCI CONDUCTS TARGETED TECHNICAL ASSISTANCE TO PROMOTE THE EXPORT OF U.S. COTTON VIA PRESENTATIONS THAT FEATURE THE TECHNICAL, ECONOMIC, PERFORMANCE AND MARKETING ADVANTAGES OF U.S. COTTON AND TO ADDRESS IMPORT COMMERCIAL ISSUES FUELING THE WORLD COTTON TEXTILE TRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Adams Secretary | OfficerTrustee | 1 | $0 |
Bruce Atherley Assistant Secretary | OfficerTrustee | 52 | $338,207 |
Delorise Winter Finance Director | Officer | 52 | $256,323 |
Vaughn Jordan Deputy Director & Director, Western Hemisphere | Officer | 52 | $246,633 |
William Bettendorf Director, Supply Chain Marketing, South & Southeas | 52 | $206,527 | |
Bexi Reyes Financial Management Systems | 52 | $168,503 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hill Knowlton Strategies Llc Global Communications/advertising Agency | 12/30/23 | $2,101,710 |
Cramer-krasselt Global Communications/advertising Agency | 12/30/23 | $1,486,177 |
Supima Non-profit Organization/cotton Industry | 12/30/23 | $965,941 |
Chasing Better Consultants Inc Sustainability & Marketing Consultancy | 12/30/23 | $608,828 |
Jbc Consulting Textile Technical Consultancy | 12/30/23 | $458,982 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $507,500 |
| Government grants | $21,565,314 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,063,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,136,564 |
| Total Program Service Revenue | $0 |
| Investment income | $518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,142,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $929,420 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,609,347 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $534,224 |
| Payroll taxes | $157,329 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $88,182 |
| Fees for services: Accounting | $203,016 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $270,575 |
| Advertising and promotion | $17,090,388 |
| Office expenses | $402,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $654,036 |
| Travel | $3,139,327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,248 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,472 |
| Insurance | $19,873 |
| All other expenses | $0 |
| Total functional expenses | $26,244,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $738,991 |
| Savings and temporary cash investments | $500,302 |
| Pledges and grants receivable | $4,325,914 |
| Accounts receivable, net | $466,771 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $651,342 |
| Net Land, buildings, and equipment | $62,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $740,217 |
| Total assets | $7,486,132 |
| Accounts payable and accrued expenses | $3,170,023 |
| Grants payable | $0 |
| Deferred revenue | $14,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,500,000 |
| Other liabilities | $1,623,815 |
| Total liabilities | $6,307,838 |
| Net assets without donor restrictions | $1,128,294 |
| Net assets with donor restrictions | $50,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,486,132 |